Kraft confirms closure of Cadbury Somerdale plant
US food giant, Kraft, has confirmed it will close Cadbury’s Somerdale plant near Bristol with the loss of 400 jobs. Cadbury has a UK workforce of 4,500, including 2,500 at its historic Bournville factory in Birmingham and 400 at its headquarters in Uxbridge. The move comes after the 186-year-old iconic British confectioner, renowned for Dairy Milk, [...]

[ Published on : Fri, 12 Feb 2010 09:48 ]

Kraft facing inquiry over Cadbury factory closure
US food giant, Kraft, is set to be investigated by the City takeover panel about whether it made misleading comments at the time of its takeover of British confectioner, Cadbury. Kraft, which made several hostile bids for Cadbury before shareholders finally agreed to a deal, initially said a takeover of Cadbury would secure UK jobs, while [...]

[ Published on : Tue, 09 Mar 2010 09:19 ]